CAN IMPERIAL BK OF COMMERCE (CM.CA) Stock Technical Analysis
TSX:CM - Toronto Stock Exchange - CA1360691010 - Common Stock - Currency: CAD
Overall CM gets a technical rating of 10 out of 10. Both in the recent history as in the last year, CM has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that CM is one of the better performing stocks in the market, outperforming 84% of all stocks. On top of that, CM also shows a nice and consistent pattern of rising prices.
CM is part of the Banks industry. There are 30 other stocks in this industry. CM outperforms 96% of them.
CM is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so CM is leading the market.
In the last month CM has a been trading in the 83.33 - 93.84 range, which is quite wide. It is currently trading near the high of this range.
CM has an average volume of 4221380 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
Although CM has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
78.71
94.51
When analyzing the support we can see 3 important areas.
- A support zone ranging from 87.09 to 87.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 80.87 to 81.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @79.51 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for CM.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CM.CA is up. |
| ChartMill Relative Strength | 84.23 | POSITIVE | CM.CA has a high relative strength, it outperformed 84.23% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CM.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CM.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CM.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 80.16 | OVERBOUGHT | The high RSI value suggests CM.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.3 | POSITIVE | The MACD value suggests CM.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 87.82 | OVERBOUGHT | The high Stochastics value suggests CM.CA may be overbought. |
| Average True Range in percent/ATR (20) | 1.2 | LOW VOLATILITY | The low ATR as a percentage value for CM.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 43 | POSITIVE | The high ADX value value for CM.CA suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
TSX:CM (5/23/2025, 7:00:00 PM)
93.57
+0.72 (+0.78%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.78%
1 Week1.95%
2 Weeks5.38%
1 Month11.85%
3 Month8.06%
6 Month2.28%
12 Month40.94%
2 Year67.18%
3 Year34.48%
5 Year111.96%
10 Year97.2%
15 Year160.79%
Volatility
ATR(14)1.08
ATR(20)%1.2%
ATR Inc28.78%
Range Today1.68
ADR(20)1.06
ADR(20)%1.13%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.23
Mansfield1.21
10 Day High93.84
10 Day Low88.4
20 Day High93.84
20 Day Low83.33
52 Week High95.5
52 Week Low64.47
CS1 End87.11
CR1 StartN/A
Volume & EV
DER(3)-1.4%
DER(5)2.18%
Volume2.63M
Volume Incr-15.1%
Vol(5)2.67M
Vol(50)4.22M